Spear, the facts are this: Baltia was served wi
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(Total Views: 959)
Posted On: 09/26/2018 12:05:10 PM
Spear, the facts are this:
Baltia was served with a notice in March of it's delinquent financial filings going back 2 years
They were then serviced with a revocation notice in May and the stock has been taken off the OTC market and can only trade broker to broker.
There has been some issues at SEC having nothing to do with Baltia that delayed the final revocation
Those internal SEC issues are resolved and Baltia (and other delinquents) have been given until Oct 2 to provide info on why they should be given more time
Tony hasn't made a single public statement in all this turmoil since December 29, 2017 in a shareholder letter wishing everyone a happy new year.
John Lampl has had a few press quotes saying they intend to fly.
The company posted on the web site back in June that they are not going to fight the revocation
Once revoked, any stock will be worth $0. Today it's worth .0001 dollars (100th of a cent) per share.
You can consult an attorney about your options if you feel you have been mislead. Get in line. Shareholders are the last in line. They have to deal with the $22 Million judgement from Logistics Air for the engine leases before any shareholder gets their day in court.
Baltia was served with a notice in March of it's delinquent financial filings going back 2 years
They were then serviced with a revocation notice in May and the stock has been taken off the OTC market and can only trade broker to broker.
There has been some issues at SEC having nothing to do with Baltia that delayed the final revocation
Those internal SEC issues are resolved and Baltia (and other delinquents) have been given until Oct 2 to provide info on why they should be given more time
Tony hasn't made a single public statement in all this turmoil since December 29, 2017 in a shareholder letter wishing everyone a happy new year.
John Lampl has had a few press quotes saying they intend to fly.
The company posted on the web site back in June that they are not going to fight the revocation
Once revoked, any stock will be worth $0. Today it's worth .0001 dollars (100th of a cent) per share.
You can consult an attorney about your options if you feel you have been mislead. Get in line. Shareholders are the last in line. They have to deal with the $22 Million judgement from Logistics Air for the engine leases before any shareholder gets their day in court.
Quote:
Posted On: 09/26/2018 11:40:38 AM
Posted By: Spear20
Can someone please give a legitimate update on the situation? I have not been following the board since the bottom completely fell out and would like to know if there is any hope of recouping any of the monies lost via legal means or SEC or something??? lol Or, is it time to start claiming on the taxes? Thanks.
Spear 20
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